Innovation and New Businesses: Rural Areas
The question
To ask the Secretary of State for Science, Innovation and Technology, what steps his Department is taking to help encourage (a) innovation and (b) tech-based start-ups in rural constituencies.
Answered by Feryal Clark
DSIT is accelerating innovation through initiatives like the Higher Education Innovation Funding, currently £280m a year, enabling universities across England to support innovative new businesses in their local areas. Additionally, through the £12.2m Digital Growth Grant, DSIT supports the Ecosystem Partnership Programme which awards funding to regional organisations delivering support in their local ecosystems. This grant also supports a cohort of AgriTech businesses as part of the Industry Bridge programme, connecting startups with corporate partners, delivered by Codebase.
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